$BTC

BTC/USDT — Breakdown Retest Setup

BTC/USDT is trading at $68,440.4, consolidating after being rejected from $70,938.5 high. Price is making lower highs and holding below $69,000 resistance.

Trade Plan

👉 Entry (Short): $68,800–$69,200 (On retest of broken support-turned-resistance)

🚀 Target 1: $68,000–$67,800 (Immediate support)

💥 Target 2: $67,000–$66,500 (Next support zone)

🚫 Stop Loss: $69,500 (Above breakdown level)

My View

BTC shows bearish momentum with lower highs and rejection from $70,938. The higher probability trade is SHORT on retest of the $68,800–$69,200 resistance zone for continuation toward $67,000. No long setup until price reclaims $69,500 with volume.

#BTC

BTC
BTCUSDT
68,279.5
-2.89%